TECH MAHINDRA PURCHASES 100% STAKE IN US-BASED DigitalOnUS FOR $120 MILLION

Highlights

• DigitalOnUS is headquartered in San Jose, California and has 380 employees. It had reported revenue of $30.6 million at the end of the last company year

According to the announcement made by Tech Mahindra, it has purchased DigitalOnUS for a whopping amount of...

WIPRO AND TECH MAHINDRA TO COLLABORATE WITH NOKIA

HIGHLIGHTS

• Tech Mahindra and Wipro are going to collaborate with Finnish firms to develop 5G in India.
• Indian PM Narendra Modi and Finnish PM Sanna Marin have reviewed ongoing collaboration.
• The collaboration is going to be in the areas of ...

TECH MAHINDRA, AXIS BANK SIGN AGREEMENTS TO ACQUIRE STAKES IN NEW COMPANIES

HIGHLIGHTS

• Tech Mahindra and Axis Bank have signed agreements with different companies to acquire stakes in them.
• Tech Mahindra will acquire a 70% per cent stake in Perigord.
• Axis Bank will be take an indirect stake in Max Bupa Health Insur...

SENSEX JUMPS 270 POINTS, NIFTY OVER 11,200

Highlights

• The S&P BSE Sensex is trading at 38,138.34 points, while the benchmark NSE Nifty50 index is at 11,195.45 

• Tech Mahindra was the top Sensex gainer with jump of 6 percent, followed by IndusInd Bank with 2 percent

• Total 132 compa...

SENSEX JUMPS 350 POINTS: RIL, TECH MAHINDRA TOP GAINERS

Highlights

• The S&P BSE Sensex is trading at 36,870.31 points, while the benchmark Nifty50 index was at 10,844.70 points

• Reliance Industries Limited (RIL), Tata Steel and Tech Mahindra were the top Sensex gainers in the morning session with growth of 3 percent...

Mahindra pioneering digital solutions for the renewable energy sector

Mahindra group has taken a new curveball into their hands as the two subsidiary companies Tech Mahindra and Mahindra TEQO, are collaborating to create a digital solution platform for the renewable energy sector. The main aim of this collaborating project is to leverage the new age synthetic tools...